3D Systems Corporation has announced the issuance of $92 million in convertible senior secured notes due 2030. The company entered into privately negotiated subscription agreements with a limited number of qualified institutional buyers for this transaction. The proceeds from these notes, along with $78 million in cash on hand, will be used to repurchase approximately $180 million of its existing 0% convertible senior notes due 2026. Furthermore, 3D Systems plans to utilize approximately $15 million in cash to repurchase shares of its outstanding common stock. The notes, which bear an interest rate of 5.875% per annum, are expected to close on June 23, 2025, and will mature on June 15, 2030, unless redeemed, repurchased, or converted earlier.